The founder of the Indy Eleven soccer team is hopeful that adding a billionaire to the franchise’s ownership ranks will bolster his case for Major League Soccer—and get plans for a $1.5 billion stadium district back on track.... Read More
Wealthy Fort Wayne businessman Chuck Surack has joined the Indy Eleven soccer team as a co-owner and financier amid a fight between franchise leaders and city officials to secure a Major League Soccer club for Indianapolis.... Read More
To hear city officials tell it, the decision to walk away from the Eleven Park development planned for the west side of downtown was in the best interest of taxpayers. But from the perspective of Keystone Group—whose owner, Ersal Ozdemir, has committed...... Read More
The Indiana Economic Development Corp. is trying to sell its portion of the former General Motors stamping plant property in Indianapolis for redevelopment, including a parcel in the running for a $100 million federal technology hub.... Read More
The Indianapolis Metropolitan Development Commission on Wednesday gave preliminary approval for a new taxing district that could be used to help pay for a new professional soccer stadium on the east side of downtown. The commission voted 7-1 to advance the...... Read More
A proposal to develop a Major League Soccer stadium on the east side of downtown Indianapolis is facing some early resistance from the owner of a historic property in the heart of the proposed development area. The city is eyeing the...... Read More
Indiana’s strategy for economic development and job creation has emerged as a key issue in the Republican gubernatorial primary—and the future of the state’s still-developing LEAP district in Boone County could be at stake in the outcome.... Read More
Indianapolis is going after Major League Soccer, but it plans to do so without the involvement of the city’s current professional soccer franchise. Mayor Joe Hogsett said Thursday the city has decided to pursue another professional sports franchise.... Read More
Indianapolis-based Keystone Group accused Mayor Joe Hogsett’s administration on Thursday of “walking away” from the company’s efforts to develop a $1.5 billion mixed-use district anchored by a soccer stadium along the White River.... Read More
Circle Centre Mall has a new owner. Hendricks Commercial Properties LLC on Wednesday completed a deal to acquire the downtown Indianapolis campus ahead of an expected decade-long revamp that could in total reach $600 million.... Read More
